Tremblant Capital Group
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Tremblant Capital Group reported 44 stock positions worth $953.1 million. Its top holding was Grab Class A (GRAB) at 6.9% of the portfolio, followed by Tko (TKO, 6.0%) and Spotify Technology (SPOT, 5.8%). Compared with Q3 2024, it opened 8 new positions, sold out of 3, added to 19 and reduced 17. The biggest buy was a new position in Roku (ROKU) and the biggest sale an exit from Smartsheet Class A (SMAR).
- Most Recent 13F
- Q2 2026
- Location
- WEST PALM BEACH, FL
- CIK
- 0001353312
- Portfolio Value
- $953.1M (Q4 2024)
- SEC Filing
- 0001214659-25-002775 ↗ filed Feb 14, 2025
Holdings Value
Holdings 44 stocks · $953.1M
| GRAB Grab Holdings Ltd. Class A | 6.90% | 13,937,392 | $65.8M | Add +1.2% |
| TKO Tko Group Holdings Inc. | 6.02% | 403,709 | $57.4M | Reduce -16.5% |
| SPOT Spotify Technology SA | 5.83% | 124,260 | $55.6M | Reduce -24.1% |
| AMZN Amazon.com Inc. | 4.73% | 205,325 | $45.0M | Reduce -25.2% |
| ROKU Roku Inc. | 4.53% | 581,383 | $43.2M | New |
| MELI MercadoLibre Inc. | 4.21% | 23,623 | $40.2M | Add +0.5% |
| DASH DoorDash Inc. Class A | 4.11% | 233,279 | $39.1M | Reduce -22.4% |
| SKX Skechers USA Inc. Class A | 3.64% | 516,007 | $34.7M | Add +0.5% |
| AVDX Avidxchange Holdings Inc. | 3.51% | 3,231,149 | $33.4M | Add +2.3% |
| UBER Uber Technologies Inc. | 3.47% | 548,183 | $33.1M | Add +11.2% |
| DKNG Draftkings Inc. Class A | 3.39% | 868,162 | $32.3M | Reduce -3.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.12% | 267,018 | $29.7M | Reduce -21.4% |
| CHTR Charter Communications Inc. Class A | 3.09% | 85,788 | $29.4M | Reduce -21.0% |
| WH Wyndham Hotels & Resorts Inc. | 2.98% | 282,178 | $28.4M | Reduce -7.7% |
| FIVN FIVE9 Inc. | 2.79% | 654,174 | $26.6M | Add +24.3% |
| VRNS Varonis Systems Inc. | 2.79% | 598,271 | $26.6M | Add +2.3% |
| MNDY Monday.com Ltd. | 2.73% | 110,562 | $26.0M | New |
| KDP Keurig Dr Pepper Inc. | 2.50% | 741,215 | $23.8M | Reduce -16.7% |
| CPNG Coupang Inc. | 2.48% | 1,076,311 | $23.7M | Add +44.8% |
| VSXY Victoria's Secret & Co. | 2.39% | 550,135 | $22.8M | Add +137.1% |
| PANW Palo Alto Networks Inc. | 2.32% | 121,497 | $22.1M | Reduce -12.5% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 2.30% | 218,237 | $22.0M | Reduce -45.3% |
| WAB Wabtec Corp. | 2.26% | 113,817 | $21.6M | Reduce -25.8% |
| GAP The Gap Inc. | 2.23% | 901,419 | $21.3M | New |
| TCOM Trip.com Group Ltd.-ADR | 2.14% | 297,695 | $20.4M | Add +220.3% |
| GOOGL Alphabet Inc. Class A | 2.03% | 102,026 | $19.3M | Reduce -43.0% |
| YUMC Yum China Holdings Inc. | 1.60% | 315,618 | $15.2M | Reduce -19.1% |
| ONON On Holding AG Class A filed as ON HLDG AG | 1.59% | 276,571 | $15.1M | New |
| NCNO Ncino Inc. | 1.35% | 384,239 | $12.9M | Add +4.6% |
| CSGP Costar Group Inc. | 1.31% | 173,868 | $12.4M | New |
| BBWI Bath & Body Works Inc. | 0.72% | 177,743 | $6.9M | New |
| LGF.B Lions Gate Entertainment-B | 0.67% | 850,750 | $6.4M | Reduce -18.1% |
| LIONS GATE ENTMNT CORP | 0.47% | 529,263 | $4.5M | Reduce -33.6% |
| MTCH Match Group Inc. | 0.44% | 129,271 | $4.2M | New |
| BIDU Baidu Inc. - Spon ADR | 0.41% | 46,304 | $3.9M | Reduce -62.9% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.40% | 50,429 | $3.8M | New |
| EVR Evercore Inc. Class A | 0.39% | 13,245 | $3.7M | Add +15.0% |
| PG The Procter & Gamble Co. | 0.38% | 21,553 | $3.6M | Add +15.0% |
| META Meta Platforms Inc. Class A | 0.34% | 5,506 | $3.2M | Add +14.7% |
| PGR Progressive Corp. | 0.31% | 12,501 | $3.0M | Add +20.9% |
| EMN Eastman Chemical Co. | 0.31% | 32,128 | $2.9M | Add +15.0% |
| MA Mastercard Inc. Class A | 0.28% | 4,998 | $2.6M | Add +14.7% |
| V Visa Inc. Class A | 0.27% | 8,116 | $2.6M | Add +14.8% |
| RY Royal Bank of Canada | 0.27% | 20,960 | $2.5M | Add +14.8% |
Options reported separately and not counted above: AMZN calls ($12.5M).
Portfolio Sells Q3 2024 → Q4 2024
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −4.23 |
| GOOGL Alphabet Inc. Class A | Reduce -43.0% | 2.03% | −1.33 |
| QTWO Q2 Holdings Inc. | Reduce -45.3% | 2.30% | −1.29 |
| KDP Keurig Dr Pepper Inc. | Reduce -16.7% | 2.50% | −1.27 |
| BIDU Baidu Inc. - Spon ADR | Reduce -62.9% | 0.41% | −1.07 |
| AMZN Amazon.com Inc. | Reduce -25.2% | 4.73% | −1.05 |
| SPOT Spotify Technology SA | Reduce -24.1% | 5.83% | −0.98 |
| CHTR Charter Communications Inc. Class A | Reduce -21.0% | 3.09% | −0.89 |
| WAB Wabtec Corp. | Reduce -25.8% | 2.26% | −0.89 |
| DASH DoorDash Inc. Class A | Reduce -22.4% | 4.11% | −0.74 |
| TKO Tko Group Holdings Inc. | Reduce -16.5% | 6.02% | −0.74 |
| DKNG Draftkings Inc. Class A | Reduce -3.7% | 3.39% | −0.60 |
| DIS The Walt Disney Co. | Reduce -21.4% | 3.12% | −0.57 |
| FIVE Five Below | Sold out | 0.00% | −0.47 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.42 |
| YUMC Yum China Holdings Inc. | Reduce -19.1% | 1.60% | −0.39 |
| PANW Palo Alto Networks Inc. | Reduce -12.5% | 2.32% | −0.36 |
| LIONS GATE ENTMNT CORP | Reduce -33.6% | 0.47% | −0.23 |
| LGF.B Lions Gate Entertainment-B | Reduce -18.1% | 0.67% | −0.14 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -7.7% | 2.98% | +0.28 |
Portfolio Buys Q3 2024 → Q4 2024
| ROKU Roku Inc. | New | 4.53% | +4.53 |
| MNDY Monday.com Ltd. | New | 2.73% | +2.73 |
| GAP The Gap Inc. | New | 2.23% | +2.23 |
| VSXY Victoria's Secret & Co. | Add +137.1% | 2.39% | +1.72 |
| ONON On Holding AG Class A | New | 1.59% | +1.59 |
| TCOM Trip.com Group Ltd.-ADR | Add +220.3% | 2.14% | +1.52 |
| CSGP Costar Group Inc. | New | 1.31% | +1.31 |
| FIVN FIVE9 Inc. | Add +24.3% | 2.79% | +1.08 |
| GRAB Grab Holdings Ltd. Class A | Add +1.2% | 6.90% | +0.99 |
| BBWI Bath & Body Works Inc. | New | 0.72% | +0.72 |
| AVDX Avidxchange Holdings Inc. | Add +2.3% | 3.51% | +0.61 |
| MTCH Match Group Inc. | New | 0.44% | +0.44 |
| CPNG Coupang Inc. | Add +44.8% | 2.48% | +0.42 |
| EL Estee Lauder Companies Class A | New | 0.40% | +0.40 |
| EVR Evercore Inc. Class A | Add +15.0% | 0.39% | +0.06 |
| V Visa Inc. Class A | Add +14.8% | 0.27% | +0.05 |
| NCNO Ncino Inc. | Add +4.6% | 1.35% | +0.04 |
| MA Mastercard Inc. Class A | Add +14.7% | 0.28% | +0.03 |
| META Meta Platforms Inc. Class A | Add +14.7% | 0.34% | +0.03 |
| PGR Progressive Corp. | Add +20.9% | 0.31% | +0.02 |
| PG The Procter & Gamble Co. | Add +15.0% | 0.38% | +0.01 |
| RY Royal Bank of Canada | Add +14.8% | 0.27% | +0.01 |
| EMN Eastman Chemical Co. | Add +15.0% | 0.31% | −0.05 |
| SKX Skechers USA Inc. Class A | Add +0.5% | 3.64% | −0.24 |
| UBER Uber Technologies Inc. | Add +11.2% | 3.47% | −0.72 |
| VRNS Varonis Systems Inc. | Add +2.3% | 2.79% | −0.94 |
| MELI MercadoLibre Inc. | Add +0.5% | 4.21% | −1.23 |
Options Activity Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | call | New | 56,900 | $12.5M |
| KRE SS SPDR S&P Regional Bank | put | Sold out | 175,100 | $9.9Mbefore exit |
| UBER Uber Technologies Inc. | call | Sold out | 71,200 | $5.4Mbefore exit |
| KDP Keurig Dr Pepper Inc. | call | Sold out | 94,200 | $3.5Mbefore exit |
| SMAR Smartsheet Inc. Class A | call | Sold out | 42,100 | $2.3Mbefore exit |
| TSLA Tesla Inc. | put | Sold out | 8,900 | $2.3Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 58 | $3.5B | VRNS, SMTC, LYV, SPOT, MKSI |
| Q1 2026 | 57 | $3.1B | SPOT, TKO, LYV, LITE, DASH |
| Q4 2025 | 68 | $3.9B | SPOT, DASH, TKO, QTWO, WING |
| Q3 2025 | 39 | $969.0M | WBD, GRAB, DASH, SPOT, TKO |
| Q2 2025 | 43 | $1.0B | SPOT, DASH, TKO, DIS, GRAB |
| Q1 2025 | 44 | $815.9M | TKO, SPOT, GRAB, DASH, DIS |
| Q4 2024 | 44 | $953.1M | GRAB, TKO, SPOT, AMZN, ROKU |
| Q3 2024 | 39 | $885.3M | SPOT, TKO, GRAB, AMZN, MELI |
| Q2 2024 | 39 | $877.9M | SPOT, TKO, UBER, AMZN, GRAB |
| Q1 2024 | 38 | $889.7M | SPOT, UBER, TKO, AMZN, DIS |